5162 Otis Ave, Tarzana, CA 91356
UNDER CONTRACT0.33 ACRES

5162 Otis Ave
Tarzana, CA 91356

Tarzana
  • 5 Beds
  • 6 Baths
  • 4,847 sqft (on 0.33 acres)
  • 5 Beds
  • 6 Baths
  • 4,847 sqft (on 0.33 acres)

$3,695,000

Est. Mortgage $23,572/mo*
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Local Information

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Commute Destination

Description

An exceptional blend of luxury and contemporary design, this newly constructed Modern Farmhouse offers an unparalleled living experience in the heart of Tarzana and south of Ventura Blvd. Boasting 5 spacious bedrooms/6 baths, and spanning 4,847 SF across a sprawling .33-acre lot, this residence epitomizes modern California living.Inside, discover European Oak flooring, designer lighting, and crisp crown molding adorning every corner of the expansive floor plan. A grand entrance welcomes you with a large farmhouse door, leading to a polished living room illuminated with natural light through clerestory windows and a stone fireplace. The elegance continues into the formal dining room, seamlessly connected to a gourmet Chef's kitchen equipped with stone countertops, a center island with a prep sink, farm sink, walk-in pantry, and top-of-the-line Thermador appliances. The elegant family room, comes complete with a custom built-in bar, linear stone fireplace, dedicated wine cellar, and pocket sliding doors that open to the private backyard oasis. Upstairs, a lavish primary suite awaits, featuring vaulted cathedral ceilings, a private balcony, fireplace, and dual walk-in closets. The spa-like primary bathroom offers a dual vanity, water closet, soaking tub, and a massive standing glass steam shower. Three additional bedrooms upstairs and a patio provide ample space for family or guests.Outside, the entertainment options are endless with a sparkling pool and spa featuring a waterfall, a covered patio for al fresco dining, a firepit, and an expansive manicured lawn. Luxury extends beyond the living spaces with pre-wired smart home systems, indoor/outdoor surround sound, and security cameras throughout. This exquisite property offers a luxurious lifestyle within close proximity to fine dining, shops, and more.

Home Highlights

Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$762
Listed
41 days ago

Home Details for 5162 Otis Ave

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 4847 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Freezer, Disposal, Barbeque, Microwave, Refrigerator, Range/Oven, WasherDishwasherDisposalDryerLaundry: Laundry AreaMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Living Room, Family Room, Master BedroomSpa: In GroundHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: TwoFloors: Hardwood
View
No ViewView: None
Security
Security: Alarm System

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Auto Driveway Gate,Driveway,Garage - 2 Car
Pool
Pool: In GroundPool

Days on Market

Days on Market: 41

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: ResidentialStructure Type: DetachedArchitecture: Modern
Building
Not Attached Property

Price & Status

Price
List Price: $3,695,000Price Per Sqft: $762
Status Change & Dates
Off Market Date: Sat Mar 30 2024

Active Status

MLS Status: Active Under Contract

Location

Direction & Address
City: Tarzana

Agent Information

Listing Agent
Listing ID: 24-368775

Building

Building Area
Building Area: 4847 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.33 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-368775Zillow Contingency Status: Under Contract
Last check for updates: 1 day ago
Listing courtesy of Kristofer Everett-Einarsson DRE # 02115238, (562) 725-6458
Carolwood Estates, (310) 623-3600
James Harris DRE # 01909801, (310) 733-8038
Carolwood Estates, (310) 623-3600
Source: CLAW, MLS#24-368775

Price History for 5162 Otis Ave

DatePriceEventSource
04/15/2024$3,695,000ContingentCLAW #24-368775
03/18/2024$3,695,000Listed For SaleCLAW #24-368775
12/23/2020ListingRemovedCRISNet / SRAR
12/22/2020$3,289,000Sold
CRISNet / SRAR #SR20200636
09/29/2020$3,289,000Listed For SaleAgent Provided
04/15/2019$1,299,000ListingRemovedAgent Provided
03/15/2019$1,299,000Listed For SaleAgent Provided
10/26/2018$1,105,000Sold
N/A
08/04/2018$999,999PendingAgent Provided
08/04/2018$999,999Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$41,569
Assessment$3,421,875
Home facts updated by county records

Comparable Sales for 5162 Otis Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
18425 Wells Dr, Tarzana, CA
0.10
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$2,425,000
10/17/23
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6
4,752
18319 Linnet St, Tarzana, CA
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06/27/23
6
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4,707
5015 Amigo Ave, Tarzana, CA
0.36
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$2,420,500
06/07/23
5
6
4,477
5069 Avenida Oriente, Tarzana, CA
0.25
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$2,238,000
07/05/23
5
5
4,529
4935 Avenida Oriente, Tarzana, CA
0.36
Single-Family Home
$3,134,375
05/10/23
5
7
5,365
4916 Avenida Oriente, Tarzana, CA
0.39
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$3,300,000
11/28/23
5
7
6,300
5165 Avenida Hacienda, Tarzana, CA
0.05
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$6,199,000
03/08/24
7
8
6,903
5300 Reseda Blvd, Tarzana, CA
0.18
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$1,618,000
07/10/23
4
6
2,976
5136 Etiwanda Ave, Tarzana, CA
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3,130

Neighborhood Overview

Tarzana
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Tarzana

  • Trulia User
    "I think it is important for parents to know that Encino is a very nice place to live , but it also requires diligence to keep it this way as every part of LA has the potential for “petty crime” and issues with the homeless, so it takes a community to solve these issues that do sometimes appear in Encino. "
    1
    Flag
  • Trulia User
    "They would like the park and the quiet streets The wouldn’t like the rude owners that don’t pick up after their dogs and the lack of sidewalks on some streets "
    0
    Flag
  • Trulia User
    "Great schools near by Neighbors look out for each other Safe park for children to play in near by Pets are friendly in the neighborhood "
    0
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  • Trulia User
    "They would like the close parks in proximity to the neighborhood anole with other dogs that are friendly and on leashes "
    0
    Flag
  • Trulia User
    "Very safe and suburban. Easy for raising a family given restaurants and kid activities. The schools are all above average with a mix of public, charter and private options all nearby. "
    0
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  • Trulia User
    "It’s close to some bad areas, people drive far too fast for kids to be outside. There are people wandering the streets at night who scream to themselves "
    0
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  • Trulia User
    "Every night helicopters buzz around for at least a half hour, and there are all these celebratory loud bangs"
    0
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  • Trulia User
    "Has a bus line that is close but the homeless abuse the transportation and It is not always safe however there are other bus lines that are safer to use but they are timed too far apart and don’t always run on schedule "
    0
    Flag
  • G.Vitte
    "This area rapidly becoming Valley equivalent of best residential areas like Beverly Hill, parts of West LA, Brentwood, Pacific Palisades It’s secluded but close to all great venues and good schools The neighbors are a predominantly friendly and open minded, very respectful about each other privacy "
    7
    Flag
  • Zhanna_ko
    "There are tons of families with pets. Very family oriented neighborhood with high end homes for the most park and quite safe"
    2
    Flag
  • J
    "Orange line is 2 blocks away and it takes 1.5hrs to get to downtown LA. There are many small dog owners and homelessness is rising. "
    2
    Flag
  • Aayaat S. R.
    "TarzAna is low key peaceful and calm your kids can play outside it’s amZingly safe we have our amazing west valley police station so hard at work to protect us and neighborhood watch to keep us safer ."
    4
    Flag
  • DawnRoberts86
    "it can be dangerous in certain parts of tarzana. Very transient neighborhood depending on how close you are to the 101"
    1
    Flag
  • DawnRoberts86
    "it can be a dangerous area depending on where you live. you need to have a car for reliable transportation as well."
    5
    Flag
  • Tg
    "Close distance to shops and freeways. Next to golf club and nature parks. The homes values are increasing every quarter with new families moving in do to the great schools. "
    11
    Flag
  • Unspecified
    "I see people walking service dogs only, most neighbors don’t like dogs around. This could be better if the apartments allow dogs."
    3
    Flag
  • Weston F.
    "never been to any local events however it's not that far of a drive to woodland hills or even Santa Monic plus downtown LA."
    0
    Flag
  • Samantha L. L.
    "Varied cultures, very walkable and great hikes up in the hills. I do feel safe here, homeless population is growing and I wish I could do more to help. Single mum raiding two kids is no easy task that’s for sure.. I’d love more community here."
    14
    Flag
  • Laurel
    "Meetings to discuss neighborhood issues. Strong sense of community. Strong relationship with local police."
    0
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  • Laurel
    "We didn’t raise children here, so not as knowledgeable about things for kids. There are some nice parks in Woodland Hills and Encino though. "
    0
    Flag
  • Jimmyvalencia0618
    "It’s a great place no violence, just parking problems. If you have no assigned parking good luck trying to find parking in the streets especially on Collins and Reseda "
    7
    Flag
  • Remodelms
    "Nice and peaceful Close to shopping centers in to the freeways very nice area to live in Very nice place for kids "
    0
    Flag
  • Myrna
    "everything is close by, great neighborhood,great schools, great restaurants,coffeeplaces to hang around. "
    0
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  • Cortni S.
    "Although I drive everywhere, plenty of things are within walking distance. Restaurants, stores, banks, hospitals, coffee shops, and bars are all within walking distance."
    0
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  • Nancy C.
    "I love the location. Close to Sherman oaks and Calabasas Friendly businesses. Pretty neighborhoods. Most streets are all custom homes old and new."
    3
    Flag
  • Jocelyn M.
    "Rude people who think they are better than everyone else. Secluded but... with the wrong type of people. "
    11
    Flag
  • Jen S.
    "I see people walking dogs all the time which is nice. But also I hear dogs barking all of the time. "
    1
    Flag
  • neighbor
    "Almost all neighbors have dogs. The barking is beneficial and never any issues too early or too late. Dogs are often walked along these streets, the occasional coyote and raccoons and thieving squirrels that no dog can apparently scare- the coyote issue is rare, i believe most of us haze if we find but they are often too fast, and since displaced by fires and during mating season more are around so people do need to beware at all hours."
    2
    Flag
  • Matt R.
    "I've been living in the area for a year and half and I found it very safe, friendly neighbours and great location for family"
    4
    Flag
  • Jean P. H.
    "I live about 12 minutes from work and my son goes to school in northridge. Traffic in the morning is ok but has been getting worse. "
    1
    Flag
  • Lisa P. L.
    "No community events, but it would be nice if there were. I would just like if neighbors were out and friendlier."
    0
    Flag
  • Natasha R.
    "N/a no community events. Just love that it’s super animal friendly and each complex is different and unique "
    1
    Flag
  • Aalia R.
    "I’m visiting. It’s suburban but can walk along the sidewalks. People are friendly. Convenient to freeways. "
    8
    Flag
  • Akhare_dude
    "Safe... Quiet friendly calm... Hilly, great walks.. Lots of trees... kid friendly... neighborhood watch"
    5
    Flag

LGBTQ Local Legal Protections

Kristofer Everett-Einarsson, Carolwood Estates
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5162 Otis Ave, Tarzana, CA 91356 is a 5 bedroom, 6 bathroom, 4,847 sqft single-family home built in 2020. 5162 Otis Ave is located in Tarzana, Tarzana. This property is currently available for sale and was listed by CLAW on Mar 18, 2024. The MLS # for this home is MLS# 24-368775.